GM Govt. Bailout? - Toyota Yaris Forums

TLyttle · 11-15-2008, 02:16 PM

Agreed, pay the workers, but NOT Management, they are clearly not doing their jobs. I really can't explain why our plants work better than the US ones, apparently they just do.

It is also quite apparent that Canada is going to take a really big hit if the Big Three tank, and a very large area is going to be in bad shape. I still say these guys were looking for jobs when they found the ones they have now, and they can find another one. What bothers me is that it is possible that the pension plans will be raped by Management to pay for their gold parachutes.

Canada had its own auto industry for many years until the companies were bought out- or forced out- by the US. I see no reason why it can't be resurrected, other than the bureaucracies have made it as difficult as possible for a Canadian manufacturer to survive; something to do with GM et al supplying Deputy Ministers with new cars etc......

The news yesterday reported that the GM plants in China are making big profits; can you see where this is going?

View Poll Results: Should The US Govt. Bail Out the US Auot Industry?
YES - Bail Them Out!	11	17.74%
NO - Let them Fail!	51	82.26%
Voters: 62. You may not vote on this poll

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
How long did it took to get your Gov't rebate?	tacsnier	Canada	12	08-03-2007 04:13 AM

11-15-2008, 02:16 PM	#11
TLyttle Drives: 07 Yaris sedan Join Date: Jun 2007 Location: Keremeos BC Posts: 986	Agreed, pay the workers, but NOT Management, they are clearly not doing their jobs. I really can't explain why our plants work better than the US ones, apparently they just do. It is also quite apparent that Canada is going to take a really big hit if the Big Three tank, and a very large area is going to be in bad shape. I still say these guys were looking for jobs when they found the ones they have now, and they can find another one. What bothers me is that it is possible that the pension plans will be raped by Management to pay for their gold parachutes. Canada had its own auto industry for many years until the companies were bought out- or forced out- by the US. I see no reason why it can't be resurrected, other than the bureaucracies have made it as difficult as possible for a Canadian manufacturer to survive; something to do with GM et al supplying Deputy Ministers with new cars etc...... The news yesterday reported that the GM plants in China are making big profits; can you see where this is going?